As China halts timber imports from the US, Việt Nam eyes an opportunity to boost its own timber intake for processing and re-export — reinforcing its position as a key player in the global wood furniture market.

Việt Nam and Russia are positioned to take advantage of growing opportunities for economic and trade cooperation, as highlighted by the Việt Nam Trade Office in Russia.

Being cautious and proactive at this time will help Việt Nam protect its exports to the EU and preserve the international reputation of Vietnamese goods amid an increasingly volatile global trade landscape.

Party General Secretary Tô Lâm's phone call on April 4 was President Donald Trump's first phone call with a foreign leader after the announcement of reciprocal tariffs.

US Trade Representative Jamieson Greer said the reciprocal trade agreement should include arrangements on tariffs and proposed that technical-level representatives from both countries start discussions immediately.

In the context of the complicated global political and economic situation, German businesses affirmed that Vietnam is a top reliable partner and called on both sides to further open their markets, especially for small and medium-sized enterprises.

Global economy rocked again as rates on imports to the US from dozens of trading partners rose further, with China hit by 104% tariffs

USPresident Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war and spurring more widespread selling across financial markets.

South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of US President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the US.

Singapore Prime Minister Lawrence Wong said on Tuesday a 10% universal tariff rate imposed by the United States does not look open for negotiation and warned of potential upheaval in the domestic economy from a global escalation of trade disputes.